AWI
Armstrong World Industries, Inc.
AWI has a slight edge over RDW overall, supported by lower modeled downside.
RDW
Redwire Corporation
RDW offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
AWI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Healthy |
AWI's revenue, profitability, cash flow and balance sheet are all currently healthy.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
AWI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 18x | $136 | -22% |
| Forward | 19x | $175 | — |
| Fair | 23x | $174 | -0.2% |
| Current | 23x | $175 | — |
| Expensive | 28x | $212 | +21% |
Historical ranges are pointers, not guarantees.
AWI's PE is in its fair range at 23x. If earnings grow as analysts expect, today's price would be 19x next year's earnings, in its cheap range.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
AWI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for AWI, with profitability improving.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
AWI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.20 | +23% |
| Q3 2026 | $7.49 | +7.3% |
| Q2 2026 | $7.30 | +8.1% |
| Q1 2026 | $7.05 | +13% |
| Q4 2025 | $7.08 | +18% |
| Q3 2025 | $6.98 | +23% |
| Q2 2025 | $6.75 | +23% |
| Q1 2025 | $6.24 | +18% |
| Q4 2024 | $6.02 | +21% |
AWI has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
AWI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $475.8M | +12% |
| Q2 2026 | $472M | +11% |
| Q1 2026 | $409.9M | +7.1% |
| Q4 2025 | $388.3M | +5.6% |
| Q3 2025 | $425.2M | +10% |
| Q2 2025 | $424.6M | +16% |
| Q1 2025 | $382.7M | +17% |
| Q4 2024 | $367.7M | +18% |
AWI's revenue has grown year over year for 23 quarters in a row: $476M last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 28% | 0 points |
| Q2 2026 | 28% | -0.7 points |
| Q1 2026 | 23% | -2.8 points |
| Q4 2025 | 24% | +1.4 points |
| Q3 2025 | 28% | -1.2 points |
| Q2 2025 | 29% | +3 points |
| Q1 2025 | 26% | -0.7 points |
| Q4 2024 | 22% | +1 points |
AWI has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
AWI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $71.5M | -29% |
| Q2 2026 | $69.8M | +13% |
| Q1 2026 | $14.4M | -34% |
| Q4 2025 | $62.2M | +7.6% |
| Q3 2025 | $100.3M | +30% |
| Q2 2025 | $61.7M | +65% |
| Q1 2025 | $21.9M | +87% |
| Q4 2024 | $57.8M | +73% |
AWI has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
AWI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -400K shares |
| 1 year | -3% | -1.3M shares |
| 3 years | -5.2% | -2.3M shares |
| 5 years | -12% | -5.5M shares |
| Available history | -15% | -7.2M shares |
AWI has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $75.7M |
| Q2 2026 | $76.8M |
| Q1 2026 | $60.6M |
| Q4 2025 | $49.5M |
| Q3 2025 | $27M |
| Q2 2025 | $30.4M |
| Q1 2025 | $22M |
| Q4 2024 | $15M |
AWI spent $263M buying back its own shares over the past year, up 178% from the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
AWI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.7x | Very low |
| Q2 2026 | 0.7x | Very low |
| Q1 2026 | 0.7x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.8x | Very low |
| Q1 2025 | 0.9x | Very low |
| Q4 2024 | 0.9x | Very low |
AWI's net debt is less than a year of its operating earnings (EBITDA).
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AWI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.8 | Neutral |
| Stochastic | 53.0 | Neutral |
AWI's weekly RSI is 56 (neutral) and its Stochastic is 53 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
AWI PE vs Industrials Sector
| Metric | AWI | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 24x | 3.1% below |
| PE % | 50 | 58 | 8 pts below |
AWI is trading at 23x earnings, in line with the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
AWI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $167.1 | 4.5% above |
| 20 week MA | $168.0 | 4% above |
| 50 week MA | $172.7 | 1.1% above |
| 100 week MA | $169.1 | 3.3% above |
| 200 week MA | $134.3 | 30% above |
AWI has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
AWI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $93.9 | $74.3 | -21% |
| 2021 | $74.3 | $114.1 | +54% |
| 2022 | $114.1 | $69.3 | -39% |
| 2023 | $69.3 | $98.3 | +42% |
| 2024 | $98.3 | $143.7 | +46% |
| 2025 | $143.7 | $192.3 | +34% |
| 2026 YTD | $192.3 | $174.7 | -9.2% |
AWI has finished higher in four of the last six years. It's down 9.2% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over AWI on returns for 2026, with the stronger performance.